With major issues regarding energy security and diversity on the minds of the EU, Central Eastern Europe (CEE) stands as the region with the highest dependency rates on energy imports.

Acting as an intermediary region between gas and oil supplies coming from the Middle East and Russia to Western Europe, it is undergoing major structural changes in order to build these new energy supply systems. This situation has created many opportunities for CEE Energy markets. With a renewed European and regional outlook on the Energy markets drastic redevelopment is now underway.

It is also important that CEE is looking very keenly at opportunities in the market for clean energy development. Strong markets have already been developed, but it is important to understand regulatory obstacles in the market in order for full clean energy deployment. CEE countries that are not already in the limelight are reviewing their legislation and these developing markets are coming to the forefront of European interest.

And finally with an increased income of energy from all of these multiple sources, power transmission is a major issue on the minds of CEE energy players. In order to fully harness its new energy resources CEE must update power networks and consider increasing interconnections. Cross border issues are preventing competition in the market and must be reviewed by policy makers. New energy exchanges promise more transparent and easier functioning relationships between markets.

EastEuro Link’s annual CEE Energy 2010 will bring insight in to the most topical issues in the market, providing key note speakers and practical examples. This year, we have chosen to bring this event to Hungary, a region of development and change in the European Energy market.